Toy Company Background – Inventors, Innovation and the Power of Product Development

From a carpenter in Billund, Denmark, to a world-famous toy supplier.

LEGO, the colourful building blocks that have work as a staple belonging to the modern toy box, began life in 1932 as the brainchild of Ole Kirk Christiansen. His first items were wood toys, nonetheless he rapidly turned to vinyl bricks following your Great Depression strike and he discovered that that they had a lot of potential as a helpful play software.

Toy Company History: Inventors, Innovation and the Power of Application

The SEGLAR Group’s our childhood were a moment of strong expansion. It grew from its beginnings as a individual shop in Billund, Denmark, to an world-wide model manufacturer that made gadgets and accents for children of all ages.

But with elevating competition from the other toy manufacturers, LEGO leadership struggled to keep up. These people were forced to add to the amount of gadgets they created, but revenue slowed and profitability started to decline.

They’d to take on other companies that produced equivalent toys cheaper. They were as well faced with raising demands from larger merchants that essential more selection and quicker shipments.

It was a time of growing with regard to toys that educated, and also entertained, youngsters. Educators began using LEGOs in sessions for a number of reasons.

In 80, the PROFANO Group established a particular department to expand the educational alternatives. The new Section of Education, later renamed PROFANO Dacta, was created to research and develop resources that could be included in the class room to enhance learning and creative imagination.

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